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Emeco Holdings Updates Director’s Interest in Performance Rights

Story Highlights
  • Emeco Holdings Limited provides heavy equipment rental services to mining sectors.
  • Director Ian Testrow’s performance rights have changed, reflecting Emeco’s incentive alignment.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Emeco Holdings Updates Director’s Interest in Performance Rights

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Emeco Holdings Limited ( (AU:EHL) ) has provided an update.

Emeco Holdings Limited announced a change in the director’s interest, specifically regarding performance rights held by Ian Testrow. The changes involve the vesting of 479,192 performance rights under the FY23 Long Term Incentive Plan and the issuance of 2,504,408 performance rights under the FY26 CEO long-term incentive plan. These changes reflect the company’s ongoing commitment to aligning executive incentives with shareholder interests and ensuring long-term growth.

The most recent analyst rating on (AU:EHL) stock is a Buy with a A$1.23 price target. To see the full list of analyst forecasts on Emeco Holdings Limited stock, see the AU:EHL Stock Forecast page.

More about Emeco Holdings Limited

Emeco Holdings Limited operates in the equipment rental industry, providing heavy earthmoving equipment to mining companies and other sectors. The company focuses on delivering equipment solutions that enhance productivity and efficiency for its clients.

Average Trading Volume: 710,945

Technical Sentiment Signal: Buy

Current Market Cap: A$539.8M

Find detailed analytics on EHL stock on TipRanks’ Stock Analysis page.

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